Operations: Page 57
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Courtesy of Landstar
Landstar earnings get hit by pandemic, insurance costs
The carrier reported its profits were more than cut in half by the COVID-19 pandemic, dropping 58.7% from the same quarter last year.
By Jim Stinson • July 23, 2020 -
Knight-Swift restores 2020 earnings guidance, assumes 'modest' business in Q4
The carrier expects earnings per share between $2.15 and $2.30 — 15 centers higher than the guidance it issued in January before the pandemic.
By Jim Stinson • July 23, 2020 -
Explore the Trendline➔
valio84sl via Getty Images
TrendlineTop 5 stories from Trucking Dive
These five stories detail the top trends and issues facing the trucking and transportation industry.
By Trucking Dive staff -
TuSimple
AI begins to take the wheel in trucking, from routing to driving
The technology must prove itself in billing and routing before becoming ubiquitous through autonomous trucks.
By Jim Stinson • July 23, 2020 -
Paccar says worst of COVID-19 economic damage over after 58% revenue drop
Paccar Parts began to show recovery in June, because "as trucks move, parts move," the CEO said.
By Jim Stinson • July 22, 2020 -
How to retain customers for the long term
Retention is the single most important factor in product success, according to product and growth specialists.
By Robert Freedman • July 21, 2020 -
'We've never seen something like this': Volvo North American truck deliveries plunge 79%
The unprecedented drop shows the size and scope of the COVID-19 pandemic's effects on OEMs.
By Jim Stinson • July 17, 2020 -
JB Hunt optimistic as demand increases for niche final-mile deliveries
Business for intermodal has gradually increased, with the second half of June seeing more business than April or May, the carrier said.
By Jim Stinson • July 17, 2020 -
BlackRock votes against Daimler, Volvo for inadequate climate disclosure
The asset manager later called Daimler's progress "encouraging."
By Emma Cosgrove • July 17, 2020 -
Getty Images
Coyote launches AI dynamic routing tool, promising carriers consistent weekly miles and reduced deadheading
The software strings shipments together so fleets move productively, and drivers can be paid the mileage they were promised, the UPS subsidiary said.
By Jim Stinson • July 16, 2020 -
Danielle Ternes/Trucking Dive
Deep DiveWhy coronavirus controls freight's fate in 2020
Transport economists don't expect a volume recovery until the latter half of 2021, and fleets are drawing on lessons learned in past economic disasters.
By Jim Stinson • July 15, 2020 -
FMCSA, CVSA alert drivers about safety, traffic issues
The CVSA's 2020 Operation Safe Driver Week begins as scheduled, during which police will look for speeders and other violators.
By Jim Stinson • July 14, 2020 -
Supermac1961 from CHAFFORD HUNDRED, England / CC BY (https://creativecommons.org/licenses/by/2.0). (2009). "Peterbilt truck" [photograph]. Retrieved from Wikimedia Commons.
15 states, DC will collaborate on 100% electric truck sales by 2050
The memorandum of understanding gives states the opportunity to follow in the footsteps of the California Air Resources Board's electric-truck sales rule.
By S.L. Fuller • July 14, 2020 -
Truck movement declines across US after July 4th, businesses close again
The up-down pattern of trucking movement makes the market unpredictable.
By Shefali Kapadia • July 13, 2020 -
JB Hunt agrees to $6.5M settlement for California driver misclassification
Former J.B. Hunt contractors could get an average $20,000 settlement if a federal court approves the mediation for the 312 drivers.
By Jim Stinson • July 13, 2020 -
XPO relies on data to help prevent workplace coronavirus spread
Findings indicate technology is being used as fervently as soap and water, in efforts to prevent spread and avoid hot spots.
By Jim Stinson • July 10, 2020 -
Getty / Edited by Supply Chain Dive
Driver concerns top executives' priorities, even during the coronavirus
Experts agreed the pandemic has done little to change executives' and drivers' main focuses, which include shortages and retention.
By Jim Stinson • July 9, 2020 -
The image by Wikimedia Commons is licensed under CC BY-SA 4.0
Werner expands big and bulky final-mile service into Canada
Though last-mile logistics is a growing segment, it isn't always a winning strategy.
By S.L. Fuller • July 9, 2020 -
Surging jury awards and 3rd-party litigation hike insurance premiums, hit trucking profits
Despite double-digit increases in premiums for fleets, commercial automotive insurers lost $4 billion in 2019, the worst loss in 10 years.
By Jim Stinson • July 8, 2020 -
Fotolia
6 considerations for firms bringing employees back to the office
Experts advised employers to heed government guidance while prioritizing workers' health and open communication.
By Katie Clarey , Aman Kidwai , Kathryn Moody • July 8, 2020 -
Brand strategy jumps higher on priority lists as firms slash budgets
Whether firms are recruiting drivers or drumming up interest in new equipment, marketing remains a necessary aspect of business strategy — even as market conditions remain uncertain.
By Robert Williams • July 7, 2020 -
June Class 8 orders, job growth show fleets' increasing confidence
Rising freight rates in May and June helped fuel Class 8 orders, which analysts expect to exceed 10,000 through the summer.
By Jim Stinson • July 7, 2020 -
Courtesy of YRC Worldwide
YRC/Yellow's survival taleYRC gets $700M CARES Act loan, Treasury takes 30% stake in carrier
The loan issuance follows quarters of financial struggles for the carrier, and the funds will go toward pension funds, employee healthcare and capital investments.
By Shefali Kapadia • Updated July 8, 2020 -
Rawf8/Getty Images Plus via Getty Images
Lawsuit worries heighten as awards increase, social-distancing measures lift
Tort cases are top of mind, though related financial burdens and rising insurance costs are industry concerns beyond the pandemic.
By Jim Stinson • July 1, 2020 -
FedEx Freight, Ground collaborate on linehaul, intermodal work
The pandemic hit FedEx across all segments, causing revenues to shrink, according to the company's Q4 earnings report.
By Jim Stinson • July 1, 2020 -
Cass: Volumes won't return to pre-pandemic levels until 2021
The scale and timing of recovery depend largely on uncertain customer demand amid spiking coronavirus infection rates in many states.
By Matt Leonard • July 1, 2020
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